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Top trading ideas by Anand Rathi Research: Buy Sterlite, Aurobindo Pharma

Nifty outlook and Top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research.

Markets, Buy, Sell, Stocks
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Jay Anand Thakkar Mumbai

Nifty outlook and Top trading ideas by Jay Anand Thakkar, CMT -Assistant Vice President - Equity Research, Anand Rathi Research:

NIFTY: SELL 
TARGET: 11,190 
STOP LOSS: 10,980

The Index closed in the positive territory in the last trading session with a breakout above its previous swing high of 11078 levels. The momentum indicators are well into the buy mode on the hourly, daily and the weekly charts which is a positive sign in the short term. The minimum target of this consolidation breakout comes to 11190 levels whereas the support is pegged at 10980 levels.

STERLITE TECHNOLOGIES: BUY 
TARGET: Rs 370 
STOP LOSS: